Indices are reacting to stronger retail sales data & better economic report from Germany.
S&P 500 @ 1406.70
Internals are mixed
Oil UP 54 cents
Gold Down $10.90
Canadian $ UP 7 tick @ 100.92
VIX UP 7.81% @ 14.77
Portfolio is BIDU,LVS,LEN,NTES,JCP,TCK,AUY
Most stocks are UP
@ 1.46 following are down :
LVS,TCK,CLF,YUM,EXPE,LULU,FCX,LNKD,
FB,PANW,COH,BRCM,JDSU,CIEN,FNSR,
GMCR,WYNN,SNE.....
BLOG does NOT give buy or sell.
Saleem
5 comments:
Hey Saleem,
This is one of the few times recently I've actually sold after a larger runup instead of selling during downturns. Maybe I'll do some good this time?
The JNPR selloff ahead of its presentation tomorrow hurt what could have been a much better day for tech. It now makes me think we could now rally after the "news", which would make my sells bad probably.
I am always regretful when I sell my tiny companies after so much research. It's why I tried the hedge for a while, but that didn't work particularly well either. I will keep trying to perfect my strategy--I'm a bull at heart...
Stocktrader
Hi Stocktrader,
The only thing to keep in mind is, that you made some serious money on this set.
After three days you will be back in saddle with your whip......
I am waiting anxiously for China & ECB to step in...that will be nice.
Saleem
Hey Saleem,
I could buy back today, but then wouldn't be able to sell for 3 days.
I am very surprised China didn't act over the weekend given all the weak data last week. Instead, they talked more about housing curbs--I don't understand their strategy, but surely some stimulus must be coming very soon.
Stocktrader
SALEEM
Good evening
J Cramer. Love the builders now
Based on home depot fantastic earnings
LEN. May get a bump
The market seem sresilient
Yes?.?
C
Hi C,
Resilient YES YES YES.....
LEN ready for a breakout @ $32.02..target $34.83
Saleem
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